Wix Results Presentation Deck
Registered Users and Premium
Subscriptions
Our user cohorts continued to exhibit their consistent performance in the
second quarter and demonstrated the behaviors that we highlighted in our
Analyst Day:
ā
We continue to generate more collections from existing cohorts before
adding the new cohort, which illustrates the zero churn in our model
With the addition of our newest user cohort, we now expect future
collections of all existing cohorts to be $4.6 billion over the next 8 years,
based on current cohort behavior
In the second quarter, we added 5.8 million registered users, bringing
total registered users to over 131 million, a 20% increase over last year.
As was the case last quarter, new registered user additions in select English-
speaking markets increased year-over-year as we continue to invest marketing
dollars to achieve our targeted TROI. Beginning in the second quarter,
registered users includes an immaterial number of users that registered through
early stage products including Wix Logo Maker, Wix Answers, and others.
We added over 205K net premium subscriptions in the second quarter
as conversion and retention improved again. Total premium subscriptions
at the end of the second quarter were 3.7 million, or 28% higher than second
quarter 2017. Conversion and retention improvements continued to be driven
by enhancements to our product platform and improved billing execution.
Collections generated by subscriptions from the second quarter user cohort
remain on track to achieve our targeted TROI of 7-9 months.
Wix.com
- 10-
Total Registered Users (in millions)
103.2 108.7
113.9
2.7
Q1'17 Q2'17 Q3'17 Q4'17 Q1'18 Q2'18
Total Premium Subscriptions (in millions)
2.9
125.2
119.3
3.1
131.0
3.2
3.5
3.7
Q1'17 Q2'17 Q3'17 Q4'17 Q1'18 Q2'18View entire presentation